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Monty Pritchett
About | Practice Areas
Pritchett Law Group
126 West Needles Avenue Bixby, OK 74008» view map
Estate Law
A Focus On Results

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918-509-3891
1. Monty Pritchett Bixby, OK
  Attorney at Law, OK
  University of Oklahoma College of Law, J.D.
2. AboutPritchett Law Group
  A Focus On Results
3. Practice AreasExpertise
  Estate Law
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Christopher Michael Griswold

Commercial Real Estate, Litigation, Wills, Business & Trade

Status: In Good Standing

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1105 Myrtle Dr, Edmond, OK 73034

Bradley Mac Carter

Bed Bug, Corporate, Divorce, Estate Planning

Status: In Good Standing

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Seminole, OK 74818

Herman Craig Pitts

Immigration, Gift Taxation, Civil Rights, Divorce & Family Law, Trusts

Status: In Good Standing

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1503 E 19Th St, Edmond, OK 73013

Patrick Aaron Thompson

Bankruptcy & Debt, Criminal, Divorce & Family Law, Estate

Status: In Good Standing

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213 E Oklahoma Ave, Guthrie, OK 73044

Richard Scott Winblad

Oil & Gas, Wills & Probate, Estate Planning, Elder Law, Banking & Finance

Status: In Good Standing

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102 E. Thatcher, Edmond, OK 73034

James D. Thomas

Tax, Wills, Gift Taxation, Business & Trade

Status: In Good Standing Licensed: 54 Years

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3001 Viewmont Rd, Edmond, OK 73003

Danney Daryl Lidia

Gift Taxation

Status: In Good Standing

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1300 E. 9th St., Edmond, OK 73034

A. Daniel Woska

Bankruptcy & Debt, Estate, Wills, Trusts

Status: In Good Standing

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2409 Brookhaven Drive, Edmond, OK 73034

Walter Steven Lewis

Wills & Probate, Trusts, Estate Planning, Employment, Estate

Status: In Good Standing

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3233 E Memorial Rd, Edmond, OK 73013

Matthew Christopher Prasuhn

Motor Vehicle, Gift Taxation, Estate Planning, Trusts

Status: In Good Standing

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1300 E 15Th St, Edmond, OK 73013

800-923-0641

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LEGAL TERMS

REMAINDERMAN

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderma... (more...)

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderman because he will inherit the home in the future, after Alma dies.

ESTATE TAXES

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and... (more...)

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and whether or not it goes through probate after your death, is subject to federal estate tax. Currently, however, federal estate tax is due only if your property is worth at least $2 million when you die. The estate tax is scheduled to be repealed for one year, in 2010, but Congress will probably make the repeal (or a very high exempt amount) permanent. Any property left to a surviving spouse (if he or she is a U.S. citizen) or a tax-exempt charity is exempt from federal estate taxes. Many states now also impose their own estate taxes or inheritance taxes.

TRUSTEE POWERS

The provisions in a trust document defining what the trustee may and may not do.

PUBLIC ADMINISTRATOR

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to t... (more...)

Someone appointed by a probate court to oversee probate proceedings when a person dies without a will or heirs, and his or her property is expected to pass to the state. Some states have public administrators who are responsible for temporarily preserving the assets of an estate if there are disputes about specific provisions in the will or about who will be appointed the regular administrator.

CREDIT SHELTER TRUST

See AB trust.

RESIDUARY ESTATE

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court c... (more...)

The property that remains in a deceased person's estate after all specific gifts are made, and all debts, taxes, administrative fees, probate costs, and court costs are paid. The residuary estate also includes any gifts under a will that fail or lapse. For example, Connie's will leaves her house and all its furnishings to Andrew, her VW bug to her friend Carl, and the remainder of her property (the residuary estate) to her sister Sara. She doesn't name any alternate beneficiaries. Carl dies before Connie. The VW bug becomes part of the residuary estate and passes to Sara, along with all of Connie's property other than the house and furnishings. Also called the residual estate or residue.

ACCUMULATION TRUST

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nic... (more...)

A trust in which the income is retained and not paid out to beneficiaries until certain conditions are met. For example, if Uncle Pierre creates a trust for Nick's benefit but stipulates that Nick will not get a penny until he gets a Ph.D. in French; Nick is the beneficiary of an accumulation trust.

HEIR APPARENT

One who expects to be receive property from the estate of a family member, as long as she outlives that person.

ESTATE PLANNING

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your... (more...)

The art of continuing to prosper when you're alive, and passing your property to your loved ones with a minimum of fuss and expense after you die. Planning your estate may involve making a will, living trust, healthcare directives, durable power of attorney for finances or other documents.

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Chandler Estate Lawyer, Oklahoma, page 4

Sponsored Law Firm

Pritchett Law Group

SPONSORED LAWYERS

Christopher Michael Griswold

Bradley Mac Carter

Herman Craig Pitts

Patrick Aaron Thompson

Richard Scott Winblad

James D. Thomas

Danney Daryl Lidia

A. Daniel Woska

Walter Steven Lewis

Matthew Christopher Prasuhn

TIPS

LEGAL TERMS

REMAINDERMAN

ESTATE TAXES

TRUSTEE POWERS

PUBLIC ADMINISTRATOR

CREDIT SHELTER TRUST

RESIDUARY ESTATE

ACCUMULATION TRUST

HEIR APPARENT

ESTATE PLANNING

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